Bank Of America — United States
Live offers from Bank Of America in United States, tracked daily by Giraffy.
Live offers
- Bank of America Customized Cash Rewards
- Bank of America Customized Cash
- Bank of America Wire
- Bank of America Auto Loan
- Bank of America Advantage Plus Banking
Bank of America is the second-largest US bank, offering checking, savings, credit cards, mortgages, investing (Merrill Lynch), and a Preferred Rewards programme that boosts credit card cash back by up to 75%.
| Products | Checking, savings, credit cards, mortgages, investing (Merrill) |
|---|---|
| Best for | US customers with significant deposits who can unlock Preferred Rewards cash back boosts |
| Alternatives | Chase, Wells Fargo, Citi, Ally |
Best for
- US customers with 00k+ in BofA/Merrill accounts to unlock maximum Preferred Rewards multipliers
- Merrill Lynch investment clients who want integrated banking
Not ideal for
- Fee-sensitive customers without qualifying balances
- High-yield savings seekers
Bank of America vs alternatives
Bank of America vs Chase
Travel rewards are the priority. Chase Sapphire and Ultimate Rewards are better for travel points. BofA Preferred Rewards is better for cash back maximisers with existing deposits.
Bank of America vs Ally
High-yield savings and no fees. Ally offers far higher savings APY and no monthly fees. BofA is better for in-branch access and integrated investing.
Bank of America in United States — FAQ
What is Bank of America Preferred Rewards?
BofA's Preferred Rewards programme boosts credit card cash back by 25–75% based on your BofA/Merrill balance. At Platinum Honors ( 00k+), the Unlimited Cash Rewards card pays 2.625% back on everything. Compare on Giraffy.